NGS Informatics and Clinical Genomics Market Report Top Key Players: , 2bPrecise ,Epic Systems ,Flatiron Health ,GenomOncology ,Illumina ,IBM ,Koninklijke Philips

Global NGS Informatics and Clinical Genomics Market 2019 by Manufacturers, Countries, Type and Application, Forecast to 2024

This report studies the NGS Informatics and Clinical Genomics market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the NGS Informatics and Clinical Genomics market by product type and applications/end industries.

Some of the leading players in the   NGS Informatics and Clinical Genomics market include, 2bPrecise ,Epic Systems ,Flatiron Health ,GenomOncology ,Illumina ,IBM ,Koninklijke Philips ,QIAGEN ,SOPHiA GENETICS

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Overall, the market is strongly driven by a number of factors such as rise in the volume of genetic data, rapidly increasing the number of government funds toward the facilitation of precision medicine, and strong demand for early diagnosis and effective treatment of chronic diseases. The high volume of genomic data is fueled by the reduced costs of genome sequencing which has significantly led to the inflation of genomic datasets. The situation further gets complex with the addition of multi-omics as well as electronic medical/electronic health records (EMR/HER). This multi-dimensional explosion of patient-related data is creating a big data problem. In other terms, patient data also follows the big data 5 V model which refers to Volume, Velocity, Variety, Veracity, and Value.

The NGS informatics and clinical genomics market has five major end users namely: academic research institutes, biopharmaceutical companies, diagnostic companies, government agencies, and hospitals and clinics. These end users group adopt NGS informatics solutions for a wide range of purposes. As of 2017, the academics and research institutes served as the leading end user segment of the market holding a share of approximately 41% of the overall market.

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There are three significant forms of NGS data analysis: primary, secondary, and tertiary analysis. The software platforms or tools catering for NGS data analysis either perform primary, secondary, and tertiary data analysis. However, there are software packages available which provide end to end (primary to tertiary) data analysis solutions. Some of the major analysis performed by NGS software tools include image acquisition, quality control, base calling, alignment to a reference genome, variant calling, and biological interpretation.

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Posted by on Friday February 22 2019, 2:16 AM EDT. All trademarks acknowledged. Filed under Featured Press Release, Healthcare, Life Sciences. Comments and Trackbacks closed. Follow responses: RSS 2.0

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